Author: South Carolina State TreasurerPublisher: Forgotten Books
ISBN: 9780332218601
Category : Reference
Languages : en
Pages : 100
Book Description
Excerpt from Report of the State Treasurer of South Carolina, for the Fiscal Year, 1914 Dear Sir: I have the honor to submit through you to the General Assembly a report of the transactions of this Depart ment for the fiscal year ending December 31, 1914. Under authority of Section 833, Vol. I, Code of Laws, 1912, was borrowed to pay current expenses. The loan was made by the Palmetto National Bank of Columbia, on notes dated July 13th, at a rate of three and one-half (sv2%) per cent. Inter est and to mature during January, 1915. It is gratifying to me to be able to report that this money was borrowed from a local bank at a rate one per cent. Lower than the New York market was at that time. In addition to the loan for current expenses the Sinking Fund Commission borrowed under authority of Act No. 30, passed at the Extraordinary Session of 1914, entitled An Act to Make Appropriations to Meet Some of the Expenses of the State Government for the Year 1914, and to Meet the Expenses of the Extraordinary Session of the Legislature, Called in October, 1914, and to Authorize the Commissioners of the Sinking Fund of the State of South Carolina to Borrow the Money to Meet the Same. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
